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J. C. Penney Company, Inc. Message Board

  • retayl101 retayl101 Jan 16, 2014 8:38 AM Flag

    Pre-market says Yahu-Market-Big Lou are right on the money

    Closing a couple of stores like SHLD and M is all it's going to take to send this rocket to the moon !!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Ullman hates laying off people. Sees himself as the protector of the JCP employee. It's why the cuts weren't deeper. Truth is, anyone can go find another job in retail, same money. The people really getting hurt here are the stock holders. You longs need to start making noise about a change at the top, nothing good will come until Ullman is gone.

      Next up is another round of financing. Price target now $5.

      Until they close 200 stores or more, I'm short.

 
JCP
7.35+0.09(+1.24%)1:58 PMEDT

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